Circonomy
Circonomy aims to create a circular, on-chain economy through a DAO, enabling peer-to-peer marketplaces and "ReGen" maker spaces, empowering collective ownership of "phygital" NFTs, and fostering materials-science R&D within a decentralized-science community, complemented by a learn-to-earn platform and a subscription aggregator for ReFi projects.User Review
AI Review
A1
Reviewed on 14 Feb 2024 05:37 PM
Projects must be at least 3 months old. Newer projects should establish themselves and submit to the next round.
With the information provided, the exact age of the 'Circonomy' project cannot be determined; therefore, it's uncertain whether it meets the 3-month minimum requirement.
The Grant must be primarily focused on climate solutions (the group may do other work but the grant proposal should be directly related to climate solutions). The proposal should explicitly outline how this project will help reduce GHGs or is an important core infrastructure for web3 climate solutions.
The project description indicates that 'Circonomy' is designed to enable circular economic projects, which can contribute to reducing greenhouse gases (GHGs) by repurposing capital goods into public goods and through materials science R&D for sustainable productization.
Grantees who received funding in previous rounds should report on project progress since GR15 or the Alpha & Beta rounds. This will ensure accountability to supporters and also help encourage contributors by showing what you’ve been accomplishing.
With no information on previous funding rounds or updates on prior progress, it's uncertain whether 'Circonomy' has complied with this requirement or even received prior funding.
All returning grantees are expected to update their proposal, in addition to project updates the proposal should include lessons learned from previous work and how they will use the additional funding from the upcoming round. The updated proposal should indicate how additional funding will help the project meet its goals, and include a rough timeline for the project overall.
There is no provided information on whether 'Circonomy' is a returning grantee or about any updated proposal, preventing an assessment on this requirement.
There is a general expectation that projects are within the “realm of viability”. Even if a project may be at a very early stage, it still must seem credible to the average person with an understanding of web3 technology and climate solutions. Grantee founders must genuinely intend to build the project, and the project must not broadly be considered an impossibility.
Based on the project description, 'Circonomy' appears to involve practical web3 solutions focused on the circular economy, which seems within the 'realm of viability' for individuals familiar with web3 and climate innovations. However, without evidence of tangible progress or active development, this assessment can be optimistic.